The Noo aims to redefine the delivery space by facilitating the delivery of anything, anywhere, anytime from a single application. It argues that between February-April 2020, online food delivery weekly sales skyrocketed by 840% amidst a boom in e-commerce sales. The Noo points out that with every innovation in the name of convenience, people seem to expect more. It intends to deliver just that through its community platform allowing anyone to request anything at a price set by the requestor and finally, facilitate earning by simply owning a smartphone. The company also aspires to create a space where the local high street can compete with today's delivery giants. It will use the investment to enhance and launch its app, fund marketing campaigns, hire key personnel, and make The Noo visible across more cities.
days to go:
Expired
investment:
£149,388
RightIndem is a white-label insurance software platform designed to deliver fast claims to claimants on its portal. The company develops and sells its own proprietary cloud-based digital claim process management software ‘as a service’ to the global insurance market. Insurtech is a vast market and attracts large amounts of investment, with $4.36 billion invested in the first three quarters of 2019. Till date, it has contracted clients such as Axa XL, Archipelago, NN Belgium, NN Netherlands, and Mapfre, with engagements at various levels of implementation and progress in the UK, Italy, Peru, US, and South Africa. They have also earned regard for automating claims processes form some of the world’s largest insurance organizations allowing for the settlement of low to mid-value claims within hours instead of days or months. With the proceeds, the company will connect operating expenses to the point where client revenues from claim volumes match operating costs.
days to go:
Expired
investment:
£200,001
ALVÁTECH is a sustainable water technology company on a mission to revolutionise the $1.3 trillion per annum agriculture industry that consists of 537 million farmers. It claims that the agriculture industry uses 70% of global water consumption. ALVÁTECH aspires to change this. It argues that its technology disrupts water molecules in an ecological way, helping farmers grow more with less water. The plug and play solution runs entirely off solar energy and is chemical-free. ALVÁTECH claims that it has installed its water treatment devices in 17 countries across six continents and established an international distribution network since its product launch in August 2020. The company has also signed agreements with entities in Latin America, Africa, Asia, the US, Europe and the Middle East. ALVÁTECH will use the investment to expand its distribution network, sales teams and subscription plans to reach more farmers and develop Hydro devices for vertical farming, boost hydroponics, and create ALVÁ personal home devices.
days to go:
Expired
investment:
£504,932
Homemidwife is an on-demand private midwifery service for mothers during and after pregnancy. Homemidwife cites data arguing that the National Health Service (NHS) in England is short of almost 2,500 full-time midwives. The company also asserts that the freelance midwifery market is still old-fashioned, with NHS midwives struggling for time to advertise their private midwifery service. HomeMidwife aims to change this by making it easier for mums to look for professional and experienced midwives. The company allows users to make appointments for a teleclinic or home visit through its website or app. It will use the funds to improve the functionality of its web portal, scale-up its app coverage in London, and increase recruitment of midwives to 200.
days to go:
Expired
investment:
£61,339
UnderPinned gives freelancers a single, dedicated platform to learn how to build a successful business, find clients, manage their work, and help them get paid on time. The company aspires to build a connection with users that ensures everyone thrives through its accelerator programme, community, and content. UnderPinned asserts that its accelerator programme allows it to achieve day one unit profitability before converting users to subscribers. It claims to have made £12,772 in revenue with £8,000 spent on marketing in its first month of programme sales in January 2021. The company argues that COVID-19 has accelerated freelancing, moving away from traditional employment. UnderPinned has a community of over 20,000 subscribers and growing. It says itvwill use the investment to scale its team, marketing and product development as it focuses on expanding in the US and EU markets.
days to go:
Expired
investment:
£629,086
MusicGurus is an e-learning platform that offers video courses, interactive sheet music and online tests/exams. The company argues that conventional music learning is archaic consisting of lessons in either paper or PDF formats. MusicGurus aims to change this. Its portal features celebrity artists and pro musicians teaching all instruments and styles allowing users to avail the scrolling sheet music option and even "Play with a live band". MusicGurus asserts that it has 40,000+ users worldwide. It aims to become a contender in the $18 billion music learning industry. The company has raised £700,000+ to date from Venture Capitalist’s (VCs) such as Ascension Ventures and business angels such as the founder of Caffè Nero. MusicGurus has also partnered with music establishments such as Rockschool, Sony ATV, Hal Leonard, and Schott, amongst others. It will use the investment to develop new celebrity and partner courses, increase its sales, and prepare for a Series A round in 2021.
days to go:
Expired
investment:
£176,336
Genomes.io is a safe and private DNA data storage application resolving the problem of DNA data breach and exploitation. It helps the users to store, manage, promote and arrange their genomic data in order. The company is a member of Consensys Labs Tachyon II Accelerator 2019. It has also signed MOU with TenX Health VC for lead investment and board position and, it is in discussions with Pharma & Biotech co for establishing partnerships. The company is seeking funds to bring its B2B and B2C products to market.
days to go:
Expired
investment:
£1,035,370
Dream Reality Interactive (DRI) is a software development company that builds interactive programmes and games across the full spectrum of immersive platforms and devices. DRI is in a soft launch of its mobile Augmented Reality (AR) karaoke game, Singheads, with the full launch expected in late June. DRI is partnering with Snapchat to leverage its 229 million daily active users towards this objective. The game offers players a new song to sing every day, and the unique business model opens the mobile karaoke market to ad-funded play. AR avatar heads powered by Bitmojoi (similar to Apple’s highly valued Memoji) significantly enhance the user experience. The company will use the investment to further develop its game. It will exit by being a catalyst in launching a successful number of games and eventually be acquired by a global platform such as Snapchat, Apple, Tik Tok, or by a global video games company such as Electronic Arts, Zynga, Activision, Tencent or NetEase.
days to go:
Expired
investment:
£135,000
JiveBird allows users to create and send a greetings package that consists of a personal voice message, music, eCard, a photo or selfie, and a gift to their loved ones or acquaintances. The company asserts that its package can be sent at the last minute or in advance. Jivebird claims that for the millions of people who send greetings and gifts every year, its portal provides a personal, cheaper, and convenient way to send greetings. Jivebird argues that it has no direct competitors. Its exit strategy is to sell the company when it achieves the growth metrics in the business plan, projected to be within five years of consumer launch.
days to go:
Expired
investment:
Withheld
Good Club is an online grocer that aims to sell sustainable household food and products across the UK. The company's sales have grown from £18,000 to £234,000 in May 2020. The potential demand for sustainable food and products is £61 billion in the UK, and the company finds itself as a strong contender in this domain. COVID-19 has led to an increased interest in home-delivered grocery products amongst consumers. Good Club responded to this by opening its first distribution hub in North London. It has also carried out a 'Life Cycle Analysis' of its proposed process and prototype packaging to ensure that its sustainable and eco-friendly. The investment raised will help the company grow its revenues, establish scalable marketing foundations for future growth, and roll out 'Closed Loop' service to strengthen customer loyalty.
days to go:
Expired
investment:
£1,001,337
